Oil and Gas

Markets just had an expectations-defying month

Markets just had an expectations-defying month

Albert Wagner

Traders work on the floor of the New York Stock Exchange on June 14, 2024. Brendan Mcdermid | Reuters This ...

OPEC is bullish on long-term oil demand growth. Not everyone agrees

OPEC is bullish on long-term oil demand growth. Not everyone agrees

Albert Wagner

The sun sets beyond crude oil storage tanks at the Juaymah tank farm at Saudi Aramco’s Ras Tanura oil refinery ...

WTI, Brent lower as Fed cuts rates

WTI, Brent lower as Fed cuts rates

Albert Wagner

Oil prices closed slightly lower Wednesday, snapping a two-day winning streak even after the Federal Reserve cut interest rates for ...

WTI rises as Francine disrupts supplies

WTI rises as Francine disrupts supplies

Albert Wagner

U.S. crude oil jumped more than 2% to close above $68 per barrel on Thursday after Hurricane Francine churned through ...

Brent hits lowest since December 2021

Brent hits lowest since December 2021

Albert Wagner

Global benchmark Brent oil prices on Tuesday fell below $70 per barrel for the first time since December 2021, as ...

WTI below , nine-month low

WTI below $70, nine-month low

Albert Wagner

U.S. crude oil fell more than 1% on Wednesday, tumbling below $70 per barrel and raising speculation that OPEC+ could ...

Saudi Arabia’s spending is adopting a clear shift in strategy

Saudi Arabia’s spending is adopting a clear shift in strategy

Albert Wagner

Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead with its focus on ...

CNBC Daily Open: Wall Street ‘dress rehearsal’

CNBC Daily Open: Wall Street ‘dress rehearsal’

Albert Wagner

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty ...

WTI falls as cease-fire talks continue

WTI falls as cease-fire talks continue

Albert Wagner

U.S. crude oil futures fell 3% on Friday amid reports that Qatar told Iran to not attack Israel while Gaza ...

Brent hits lowest since December 2021

WTI falls on renewed demand worries

Albert Wagner

U.S. crude oil prices fell more than 1% on Tuesday, as slowing global demand overshadows tensions between Iran and Israel. ...